AUDJPY Timeframe: 1D
Direction: Short
Confluences for Trade:
- Price action at 38% Fibo levels
- Price action at resistance line of parallel channel
- Stochastic Overbought momentum (D1, H4 & H1)
However, do note that this is a short-term trade idea.
Suggested Trade:
Entry @ Area of Interest 82.30 - 83.00
SL: 83.67
TP: 80.89
RR: Approx. 2.02 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Trade active
Trade closed manually
Will reassess first before moving again. Gain +85 pips
Disclaimer: The personal opinion above does not constitute as an investment advice. Any trade decisions taken based on the above opinion is purely at your own risks. DYOR.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer: The personal opinion above does not constitute as an investment advice. Any trade decisions taken based on the above opinion is purely at your own risks. DYOR.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.